Yes, we recently had someone who just accidentally overwrote their master with their posting key, fortunately he only had 5 posts, and only had the 15 steem delegated to him, so actually didn't lose much; a couple of posts and his username, because he cannot use that name again. So he had to make a brand new account; but it is a hassle.
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Oook now that was a new way to handel importent info.. Im happy that wasent a valued act.. I dont know what i would do if i messed my pw up and lost my act... Now i got all spassy about it, crap bad convo this is ;) LOL